Question: A current liability is a debt that can reasonably be expected to be paid A) within one year, or the operating cycle, whichever is longer.

A current liability is a debt that can reasonably be expected to be paid

A) within one year, or the operating cycle, whichever is longer. B) between 6 months and 18 months. C) out of currently recognized revenues. D) out of cash currently on hand.

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